Listing courtesy of RE/MAX REAL ESTATE CENTRE INC. BROKERAGE-3.
Uptown Waterloo re-development potential! Being sold as a pair, the combined 371 Erb St W and 8 Roosevelt Ave properties offer approximately 16,000 square feet of RMU-20 zoned lands with the two existing homes having a combined 11 bedrooms available to be rented for income while you plan your project. Being sold as a pair, the combined asking price for both is $2.2M. The combined lots offer approximately 86 feet of frontage on Erb St W and 187 feet along Roosevelt. The University of Waterloo and Wilfred Laurier campuses are 5 minutes away by car, 20 by public transit and only 40 by foot making this a prime location for existing student rentals of rooms and for smaller unit condo re-development. The zoning allows for up to approximately 60-65 bedrooms within combined lots of this size. (id:2579)